<ul data-eligibleForWebStory="true"><li>Traditional identity management systems face challenges like data breaches and centralized repositories.</li><li>Blockchain technology offers decentralization, immutability, and security for redefining identity management systems.</li><li>Blockchain-based Self-Sovereign Identity (SSI) and Decentralized Trust Identity (DTI) provide user-controlled identity management.</li><li>Advantages of blockchain include enhanced security, transparency, user control, and compliance with regulations.</li><li>Challenges of blockchain-based identity management systems include scalability, interoperability, and user adoption.</li></ul>

Redefining Identity Management Systems with Blockchain Technology

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